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Nov 24, 2012
11/12
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gerri: what's going to happen to fiscal talks after john boehner says obamacare needs to be part of the discussion, and don't important thing to bring with you when you shop this season, and, no, it's not your credit card. och unionmuscling their way in. rich edson on unions trying to block spending cuts and the fial cliff deal while making sure the rich pay more. jeff flock with union back protests at wal-mart stores and diana on the dirty little secret those unions are not changing wal-mart workers. first to rich and some in washington, d.c.. how unions trying to persuade democrats to avoid spending cuts? >> with a significant lobbying effort on capitol hill and a new advertising campaign targeted at democratic and republican lawmakers in pennsylvania, virginia and missouri. the basic message is don't touch entitlements in the fiscal cliff tops we're having on capitol hill. honesty and one of the union says elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts.
gerri: what's going to happen to fiscal talks after john boehner says obamacare needs to be part of the discussion, and don't important thing to bring with you when you shop this season, and, no, it's not your credit card. och unionmuscling their way in. rich edson on unions trying to block spending cuts and the fial cliff deal while making sure the rich pay more. jeff flock with union back protests at wal-mart stores and diana on the dirty little secret those unions are not changing wal-mart...
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Nov 29, 2012
11/12
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john boehner despites a's in they were to find ways to get to that number. the problem is as long as the pie stays the size that it, is you're not talking about significant changes that are going to have maybe ten-year changes long time for this kmirnt economy, when you begin to what the impact of this is 20, 30, 45 years a road. you're talking about the. >> my fear is that they've already given up on that. >> no, hold the line! i can hear you're getting excited about this, which pleases me to no end. i jufrs wanted to ask you why should john blaineor play ball if the president won't play ball back. in h and not sure sure about that and i'm not pessimistic. i heard the top tax rates are going to go up. all of come from. >> here's the problem, boehner is trying for sm reason he's trying to adjudicate the problem we were having during the election. they lost. a majority of the american people, more than the number of people who actually voted for the president don't great with that approach. they great with the president's himself here in not recognizing that
john boehner despites a's in they were to find ways to get to that number. the problem is as long as the pie stays the size that it, is you're not talking about significant changes that are going to have maybe ten-year changes long time for this kmirnt economy, when you begin to what the impact of this is 20, 30, 45 years a road. you're talking about the. >> my fear is that they've already given up on that. >> no, hold the line! i can hear you're getting excited about this, which...
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Nov 28, 2012
11/12
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in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of dire consequences for the middle class. >> on friday, he'll return to the stumps. >> he's back on the campaign trail. >> the campaign style tour. >> trying to drum up public support for his budget priorities. >> seems like just another fight in washington. >> there are really two issues there. >> a revenue side, yes. >> where is that revenue going to come from? >> increasing tax rates is going to harm dmik growth. >> warren buffett was out this morning talking about tacking the wealthy. >> time to make the tax rates more progressive. >> that's just silly. >> grover
in front of john boehner's staff and so it is. getting naked is a tactic. a protest tactic and judging by the wide eyed tweets as it happened, today, nudity worked. see you again tomorrow night. now, it's time for "the last word" with lawrence o'donnell. >>> when kelly corey won the oscar for her first screen play 20 years ago, she had no idea that the heroes of her film, thelma and louise were going to become political role models. >> white house is continue to warn of...
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Nov 22, 2012
11/12
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it looks like john boehner is trying to do two things here. he's keeping tea partyers on the side by taking a hard line on obama care. he's also trying to muddy the negotiations by putting obama care on the table. none of this is likely to help both sides reach a deal. here comes senator lamar alexander, who once said obama care would be the end of the democratic party. >> i think it's a political kamikaze mission for the democrats to insist on this. >> obama care passed and it did not kill off the democratic party. there's no reason to listen to these guys. so it's hard to understand why democratic senator michael bennet of colorado is teaming up with lamar alexander to do anything. they've introduced a plan to put off the fiscal cliff deadline. according to senator alexander, the plan simply pushes the pause button on all elements of the fiscal cliff, extends everything for a year, and then gives us six months in which to reform entitlements and reform taxes and reduce the debt. are you kidding me?! push the pause button? we already pushed t
it looks like john boehner is trying to do two things here. he's keeping tea partyers on the side by taking a hard line on obama care. he's also trying to muddy the negotiations by putting obama care on the table. none of this is likely to help both sides reach a deal. here comes senator lamar alexander, who once said obama care would be the end of the democratic party. >> i think it's a political kamikaze mission for the democrats to insist on this. >> obama care passed and it did...
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Nov 27, 2012
11/12
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. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback from the fiscal cliff. house speaker boehner and his colleagues in the congressional leadership have founded conciliatory notes about their prospects that sounds like good news here at the local chamber of commerce here in middle town but only up to a point. >> i want to be confident. i want to be optimistic but no i think i would rather be veered at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the
. >> i can tell you from having visited john boehner's district north of cincinnati last week the fis cliff maybe an abstract discussion here in washington but out there in southwestern ohio, if we tip back into recession, the economic pain would be very real. middle town and the rest of southwestern ohio has been working its way back economically from the long-term loss of manufacturing jobs and troubles in the auto industry. the last thing this area needs now another economic setback...
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Nov 22, 2012
11/12
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it is law and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't super happy about that message. they thought boehner was getting a little squishy, giving up a fight. that election we just had. the one where voters re-elected the obama care guy, the one that had obama in his name, that was but a flesh wound. today boehner wrote an op-ed to the cincinnati inquirer which begins with, quote, president obama has won re-election but as was the case before the election, obama care has to go. if you read on in his op-ed, things get a little strange. boehner went on to share the big plan which is, quote, over the past couple of years i have noted there are essentially three major rout
it is law and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't...
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Nov 27, 2012
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they ask if john boehner is gay. is joe biden, stupid, retards, gay, jewish, smart? these are the smart. these are the things that pop up. >> gay is like always. >> gay is up there. mormon is up there a lot. bill belichick, the patriots coach, is bill bielichick gay, mormon, a cheater. >> sideline cheater. >> it's interesting that this profile, i think people don't maybe appreciate that everything you're searching -- there are people who are putting this all together and saying that's who this guy is. >> that reminds me of a funny story from thanks lelast year. a guy on twitter told his dad twitter was a search engine. so his dad started entering questions into twitter and they went up as posts. some examples, how do you pronounce juan? national geographic dinosaur truth. can i bring a tupperware of chili on an airplane. i don't know if this was real or fake but it was really, really funny. people don't realize, the internet is not a gated community. what you say is going to be up there. that said i'm a little disappointed in facebook. i thought the whole point was t
they ask if john boehner is gay. is joe biden, stupid, retards, gay, jewish, smart? these are the smart. these are the things that pop up. >> gay is like always. >> gay is up there. mormon is up there a lot. bill belichick, the patriots coach, is bill bielichick gay, mormon, a cheater. >> sideline cheater. >> it's interesting that this profile, i think people don't maybe appreciate that everything you're searching -- there are people who are putting this all together and...
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Nov 28, 2012
11/12
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and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the president's given us 98%, essentially, of what we want. let's take it and we'll argue over the millionaires and the billionaires later. >> you know, you're probably one of the really key leading progressives in the united states senate. i've watched your heroic campaigns every six years. i'm always in wander of your ability to stick to principles and win big in the biggest state. how is this going over, the view you're taking now, which we're all in this together to some extent? it has to be a 60/40, something like that, deal. how is that going over with your colleagues in the senate? >> honestly, i believe everybody on my side of the aisle -- i haven't talked to much to my colleagues, my republican friends, because they're under a lot of pressure and i'm not going to put more pressure on them. but i think among the democrats, c
and that's what i wish john boehner would do. because if he took a page out of tip o'neill's book, we'll be off this fiscal cliff and i compliment congressman cole for his courage in saying, you know, the president's given us 98%, essentially, of what we want. let's take it and we'll argue over the millionaires and the billionaires later. >> you know, you're probably one of the really key leading progressives in the united states senate. i've watched your heroic campaigns every six years....
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Nov 29, 2012
11/12
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john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid major proposals from the white house on spending cuts and entitlement reform. right now tim geithner is meeting with senate republican leader mitch mccoll was a key player in this, meeting at 1:00 or so with house democrattc leader nancy pelosi in the earlier first this morning with senate democratic leader harry reid. cheryl: a busy day before the treasury secretary monitoring his movements. dennis: what is the next step in the fiscal cliff talks? 30 days left to negotiate. more posturing ahead? more progress? the senior editor at fortune magazine predicts, i remember the moment in the presidential
john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid...
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Nov 29, 2012
11/12
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and boehner who, by the way, the best thing to happen to john boehner yesterday was tom cole because for the first time boehner gets to be the middle ground in the house republican conference, right? he's got the guys to his right who want him to do nothing. but now he's finally got people on his left. that hadn't existed before. the boehner folks won't publicly admit it at all, but yesterday was a good day for john boehner to cut a deal that perhaps will be a deal that doesn't have him having to go to the floor with a majority of the majority, joe. >> i absolutely love the posing and the positioning as both sides are playing for the base of their own parties. i'm wondering if john boehner and barack obama got together, had their short conversation and say hey, why don't we characterize this as a curt, short, curt conversation. that will help you with your people. that will help -- didn't you love that? you know, we hear they talked, and they had a curt conversation. >> reporter: yeah. there is truth to that. >> exactly what both sides wanted to hear. >> reporter: no, there is truth
and boehner who, by the way, the best thing to happen to john boehner yesterday was tom cole because for the first time boehner gets to be the middle ground in the house republican conference, right? he's got the guys to his right who want him to do nothing. but now he's finally got people on his left. that hadn't existed before. the boehner folks won't publicly admit it at all, but yesterday was a good day for john boehner to cut a deal that perhaps will be a deal that doesn't have him having...
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Nov 29, 2012
11/12
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right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers. costs dropping 6%, tiffany got a markdown, earnings missed street estimates. and then there is aeropostale coming in way below forecasts. what is a trader to do beside watching a nuisance headlines coming out of washington? traders at the new york stock exchange, what a day today. some better games at the moment but again a perfect example of how washington is holding the market. >> you talk a
right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green...
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Nov 26, 2012
11/12
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. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people shopping online over the weekend. but com score still says sales might reach $1.5 billion. pierce, sunday it earlier, consumers appear to be on fire. >> kind of defies gravity a little bit. but with the consumer confidence data in the last three months, the consumer confidence numbers are up at five yea
. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be...
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Nov 27, 2012
11/12
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we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >>> want to show you a live shot of tahrir square in cairo that is packed with protestors, of course. he's trying to take on near absolute power, allowing him to legislate by decree. basically very little court oversight. he tried to walk some back, b
we're heading to ohio's 8th district, home of john boehner. do his constituents think they're being faithfully represented. is he rising above as some say? why men might be the new women when it comes to retail. we have the controversial piece when "squawk on the street" comes back. n you take a closer . ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result,...
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Nov 27, 2012
11/12
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i think that's what john boehner's constituents are telling him. that's what all the other congressional leaders are hearing from their people. now, as a practical matter, that's very difficult because it's a very diverse country. you've got incredibly diverse and strongly held views on both sides. i do think the fact that voters have just spoken in an election and have sent a message that they want things to get done, that's a powerful propellant in washington to get things done, which is why we've seen behind me at the white house a parade of people going in to meet with secretary geithner, with the white house chief of staff, with the president. we have more coming tomorrow. lloyd blankfein of goldman sachs. this is an effort by everybody to try to marshall whatever influence these people have with lawmakers to try to get something done. >> okay, john. thank you. john harwood live from the white house. >> we look forward to seeing your home movies of ohio later, i guess. >>> lottery players everywhere, reason up. did you know the dreaded fiscal
i think that's what john boehner's constituents are telling him. that's what all the other congressional leaders are hearing from their people. now, as a practical matter, that's very difficult because it's a very diverse country. you've got incredibly diverse and strongly held views on both sides. i do think the fact that voters have just spoken in an election and have sent a message that they want things to get done, that's a powerful propellant in washington to get things done, which is why...
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Nov 29, 2012
11/12
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what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> good morning to you. welcome back. 24 minutes past the hour. christine is minding our business. >> i am. stock futures are up.
what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the...
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Nov 28, 2012
11/12
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when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of the
when asked if secretary geithner had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these...
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Nov 28, 2012
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boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with small business owners, business leaders and middle class americans, not to mention a trip scheduled for friday to pennsylvania. a state he won by five points in the election, to sell american voters on a tax plan he has very loudly and clearly said he's already sold them on. mark warner is a member of the senate's bipartisan gang of eight. they've been workin
boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the...
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Nov 23, 2012
11/12
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john boehner, sorry, you had me for a week or two. so i understand exactly what you're saying. too many commentators, myself included, we think there's a big election result and that all these branches move in unison. these republicans, at some point, two, three weeks from now are going to be rising up. >> you just said what i wanted to say better. i think that's exactly right. everybody else in the system has a different kind of clock than obama. and if the president -- every day that passes, the president loses, i think, the potential for leverage. >> so we agree. >> we agree. >> i disagree about one thing. i think there's a reasonably good chance that we'll have a big deal. by the time we get to the spring, we might not have that big deal between now and january 1st, but whether we would have a small deal as paving the way toward the big deal or whether we kick the can in such a way as to give us enough time to get to a big deal, i their there's a reasonable chance we'll look up in march or april and have something like they were t
john boehner, sorry, you had me for a week or two. so i understand exactly what you're saying. too many commentators, myself included, we think there's a big election result and that all these branches move in unison. these republicans, at some point, two, three weeks from now are going to be rising up. >> you just said what i wanted to say better. i think that's exactly right. everybody else in the system has a different kind of clock than obama. and if the president -- every day that...
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Nov 27, 2012
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aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to
aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified...
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Nov 24, 2012
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now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our country's entire economy. we can't afford it and we can't afford to leave it intact. so try as they might, remember the last congress republicans passed a lot of bills out of the house of representatives that tore apart obama care. as even the president calls it now. they didn't go anywhere in the senate and meanwhile, alex, after the thanksgiving break, the principles are expected to get back together to begin negotiating in earnest. as you're right the clock is ticking. just a little bit more than one month to go before the nation heads over that fiscal cliff. al alex? >> 38 days and counting. thanks so much. let's go from the white house to the middle east now. palestinians and israelis are keeping a cease-fire alive. but many call the truce extremely fragile. an attempt
now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our national debt already exceeds the size of our country's entire economy. we can't afford it and we can't afford to leave it intact. so try as they might, remember the last congress republicans passed a lot of bills out of the house of representatives that tore apart obama care. as...
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Nov 22, 2012
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and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsiblity for my mistakes because they are my mistakes and mine alone. that last part is significant, because his wife, sandy jackson, here in the city of chicago, according to "the wall street journal," is also part of this federal investigation. so, very interesting that jesse jackson jr. in his resignation letter to john boehner mentioned that these problems are mine and mine alone. people in chicago are watching very closely, will sandy jackson, his wife, try to get his seat that is now, of course, open? we've not heard from jesse jackson jr. or jesse jackson sr. we have heard, though, from bobby rush, u.s. representative a
and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsiblity for my mistakes because they are my mistakes and mine alone....
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Nov 22, 2012
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in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward. >>> secretary clinton and president obama and mahmoud morsi brokeringed a cease-fire. no sirens, have you heard any? >> reporter: no, that's right, alex, all quiet, no sirens here. there were a couple earlier in the day in the south. they turned out to be false alarms. the cease-fire went into effect 9:00 last night local time, which is about 18 hours ago. so it's a hopeful sign. of course, it's early days yet. when the cease-fire was announced yesterday, the palestinians in gaza were ecstatic. there was celebration, thousands of people in the streets firing guns into the air for celebration. in tel avi
in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward....
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Nov 29, 2012
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john boehner said the two sides have made no progress on a deal. he wants to see more spending cuts from the democrats, but the democrats punch back and said it is republicans who aren't making any serious offer on more tax revenues. >> so right now all eyes on the white house. the country does not need a victory lap, it needs leadership. tell the american people with spending cuts they are willing to make. >> if it happened, it will be under the leadership of the house. for a balanced agreement, we need republicans to come forward with something. >> speaker john boehner said this is a moment for adult leadership, a stab at the president there. melissa: my goodness. i understand mitt romney is coming to the white house for that lunch. i don't know, what is everybody expect to come from that? >> the president said the president wanted to talk to governor romney about ideas to make it more efficient. praising the management of the 2002 olympics, said he did a good job there. governor romney is one that raised the ideas happen deductions for tax for p
john boehner said the two sides have made no progress on a deal. he wants to see more spending cuts from the democrats, but the democrats punch back and said it is republicans who aren't making any serious offer on more tax revenues. >> so right now all eyes on the white house. the country does not need a victory lap, it needs leadership. tell the american people with spending cuts they are willing to make. >> if it happened, it will be under the leadership of the house. for a...
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Nov 29, 2012
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however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i don't think so because they also re-elected the house republicans. so whether people intended or not, we've got a divided government. >> the american people have also made clear there is no mandate for raising tax rates. >> keeping them honest, president obama campaigned and won on letting taxes go up for the top earners, so his victory throws a little cold water on that claim. democrats gained seats in the senate and the house and recent cnn/rnc polling shows more than 2 in 3 support tax hikes for the wealthy. u.s. a reality that republicans will grapple with from now until new year's day. joining me, congressman tom cole from oklahoma. a republican. thank you for joining us. >> thank you. >> your proposal, republican lawmakers should agree with democr
however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i don't think so because they also re-elected the house republicans. so whether people intended or not, we've got a divided government. >> the...
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Nov 28, 2012
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the house speaker john boehner's office today announcing something similar. congressional republicans holding events in washington as well as back in their home districts to frame the president's tax plan as a threat to new hiring. but some republicans as you know are already hinting they're open to eliminating deductions even if it means breaking that pledge that the lobbyist grover norquist has been getting law makers to sign for years. joining us now to talk about it all, grover norquist, president of americans for tax reform. grover, thanks very much for coming in. >> good to be with you. >> the trend we're seeing now from members of congress questioning or pushing back on the pledge. we've seen it before to a certain degree, but we're seeing a lot more of it i sense right now. there's a sense this movement is gaining some steam. is this just more of the same, in your opinion, is there something different going on right now? does any of this surprise you? >> well, so far, what we've seen is the same people who two years ago got in front of tv cameras and
the house speaker john boehner's office today announcing something similar. congressional republicans holding events in washington as well as back in their home districts to frame the president's tax plan as a threat to new hiring. but some republicans as you know are already hinting they're open to eliminating deductions even if it means breaking that pledge that the lobbyist grover norquist has been getting law makers to sign for years. joining us now to talk about it all, grover norquist,...
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Nov 27, 2012
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boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the p
boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we...
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Nov 26, 2012
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president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews over the last two days. >> i agree we shouldn't raise rates but i think grover is wrong whether it comes to we can't cap deductions and buy down debt. what do you do with the money? i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseens aware. i was just elected. i made aware the only thing i'm honoring is the oath i take when i'm sworn in this january. >> both of these senators are saying they aren't going to
president called john boehner, the speaker, over the weekend. they talked this afternoon. white house chief of staff is meeting with tom donahue, president of the u.s. chamber. john engler, president of the u.s. roundtable is also at the white house. but the most important thing that's happened so far pending any agreement on details is that republicans are beginning to crack in their absolute opposition to increases in tax revenue. not tax rates but revenue. here's two senators in interviews...
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Nov 26, 2012
11/12
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i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at a grand bargain, it was the polit
i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing...
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Nov 27, 2012
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apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i mean, i don't have a problem with the president making his case in philadelphia. that is fine. he is the president and he is entitled to do that. i have a problem on the emphasis on taxes and re-knews. that is all we have had a discussion of at this point. the way to solve our long-term debt issues as everybody in this entire town knows is by reforming entitlements. there has been so little discussion of reforming entitlement to this point, very little of it in public. back when they had negotiations the first time, the president wouldn't put anything out on paper. now you're having calls from
apparently he called and he talked to john boehner on the phone. they had a deal almost. once before. i think the outlines of it will be revived and they have to figure out how to structure it. some down payment by the end of the year. some instructions to the tax write-in committee about how much money you will get out of revenue, entitlement and spending. then they can go forward. it really do think that the basic structure of this has not been blown up. >> bret: steve? >> yeah. i...
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Nov 29, 2012
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the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner made it clear. he will not raise the tax rates. he's looking at other way to raise revenue. we don't need to raise the rates close to 40 percent. >> they are saying that. they are disingenous. >> i respect in negotiation you take positions that you don't expect to end up with. lind an johnson said never watch them make sausage or legislation because give and take is unpleasant they talk about not raising rates and getting ritted of deductions. what ever takes more money from the hard working americans and gives it to the government and gives it to the consuming part of society. that doesn't cause prosperity. >> steve: last line of your column which is called republicans and taxes regarding bush 41. her bert walkerb bush would abide by his pledge today. just a guess. >> steve: i bet you are right. >> thank you guys. >> steve: check this out. a zebra chasing a horse in the streets of new york city. you don't see that every day. why are they going. and what do lottery winners doing with
the voters threw him out of the white house. >> steve: but at this stage in the negotiations, john boehner made it clear. he will not raise the tax rates. he's looking at other way to raise revenue. we don't need to raise the rates close to 40 percent. >> they are saying that. they are disingenous. >> i respect in negotiation you take positions that you don't expect to end up with. lind an johnson said never watch them make sausage or legislation because give and take is...
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Nov 28, 2012
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boehner, saying he thinks a deal is possible. take a listen. >> it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic. >> he's optimistic. we also have boehner saying he is disagreeing with tom cole, one of the few republicans who have come out to usual his party to strike a deal. right now, get this done. keeping the bush tax cults for 98% of americans, give up on keeping tax cuts low for the wealthy, 2%. take a listen to what cole on capitol hill had to say moments ago. >> in my view, we all agree that we're not going to raise taxes on people who make less than $250,000. we should take them out of this discussion right now and continue to fight against any rate increase, continue to try to work honestly for a much bigger deal. >> has the tipping point been reached, sir? is the compromise in front of us right now because so many republicans are willing to talk act revenue? >> well, look. tom cole, who is a friend of mine, was the former chairman of the republ
boehner, saying he thinks a deal is possible. take a listen. >> it's time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic. >> he's optimistic. we also have boehner saying he is disagreeing with tom cole, one of the few republicans who have come out to usual his party to strike a deal. right now, get this done. keeping the bush tax cults for 98% of americans, give up on keeping tax cuts low for the wealthy, 2%. take a...
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. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that could be cut as part of grand bargain. we ought to look at that. we need to flatten the code, simplify it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget control act and other acts in this session
. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth...
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boehner and european stocks also narrowed their losses thanks to banners comments the footsie and the dow so close to flock to positive here and russia the indices lost more than one percent each with the r.t.s. dropping polo the fourteen hundred level. and russian diamonds will soon shine in tiffany's artie's going to church account brings more from. one of the world's most coveted jewelry brands tiffany will start getting its precious rocks for more ship the russian diamond producing a little slow which happens to be the world's biggest producer of dime interest sealed a long term deal with the u.s. dollar giant companies known to have very high standards for diamonds they're buying them from a number of countries including canada australia and south africa they're expected to buy at least sixty million dollars a year worth of diamonds from the russian producer it's reportedly a three year contract a bit more about a little side if mine's a quarter of wald's diamonds ninety percent of the companies owned by the government its sales this year reached four and a half billion dollars s
boehner and european stocks also narrowed their losses thanks to banners comments the footsie and the dow so close to flock to positive here and russia the indices lost more than one percent each with the r.t.s. dropping polo the fourteen hundred level. and russian diamonds will soon shine in tiffany's artie's going to church account brings more from. one of the world's most coveted jewelry brands tiffany will start getting its precious rocks for more ship the russian diamond producing a little...
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Nov 25, 2012
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it seems that republicans leading on this, like john boehner, like lindsay graham frankly, they're signaling they want to have a big deal. think in the coming three months or so, we'll probably see something pretty big from them. >> doug? >> i agree. i think that they are going to do a bit of a kick the can. but in the interest of getting a deal that people can live with and selling it well, the president is getting outside of washington to go to the american people on this. he needs time to do that well. so i don't think kicking the can down the street is a bad thing, it might help them accomplish something. >> back in a moment, everyone, with everyone's must-reads. s ar. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. >>> we're back with the big three. it's time for your must-reads, my pa
it seems that republicans leading on this, like john boehner, like lindsay graham frankly, they're signaling they want to have a big deal. think in the coming three months or so, we'll probably see something pretty big from them. >> doug? >> i agree. i think that they are going to do a bit of a kick the can. but in the interest of getting a deal that people can live with and selling it well, the president is getting outside of washington to go to the american people on this. he...
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Nov 24, 2012
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but john boehner is making this point. who after the election basically said, look, guys, it's the law of the land, and that occasioned some histrionics. he now has an op-ed saying the president's health care law adds a massive expense. we can't afford it and can't afford to leave it intact. the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. boehner makes exactly the point you just made is that the republicans want to keep this in play and it's a real question about whether it's going to be in play. >> the nutty part of this is that obviously health care entitlements on the whole need to be on the table, not in the fiscal cliff discussion, but in the ultimate fiscal adjustment we'll have within the next few years where we shrink the federal deficit. but medicaid is the most cost effective part of our entire structure. if you're going to be cutting, cut in medicare, the exchange subsidies, medicaid is the last place to go to look for those dollars. >> the administrati
but john boehner is making this point. who after the election basically said, look, guys, it's the law of the land, and that occasioned some histrionics. he now has an op-ed saying the president's health care law adds a massive expense. we can't afford it and can't afford to leave it intact. the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. boehner makes exactly the point you just made is that the republicans want to keep this in play...
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Nov 28, 2012
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john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sides are digging in pretty tough. not a lot of progress in these talks. and what is interesting republican senator tom coburn said on fox earlier this morning look, either both sides will come together and solve this or the markets will solve it for them. jon: the markets have not been happy with all the dither
john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the...
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but naked protesters show up to the house speaker john boehner's office. we'll tell you what was behind that that bare it all kind of protest when the seven of them join us straight ahead. plus you want to know what your must-get gifts are this year? you can upload a picture of yourself or your loved one. even a letter to santa. tell us about the gifts you're hoping for. you can submit your storygraph at cnn.com/starting point and share those here throughout the holidays on cnn. back in a moment. my bankamericad cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollarsard. to help those affected and to cover
but naked protesters show up to the house speaker john boehner's office. we'll tell you what was behind that that bare it all kind of protest when the seven of them join us straight ahead. plus you want to know what your must-get gifts are this year? you can upload a picture of yourself or your loved one. even a letter to santa. tell us about the gifts you're hoping for. you can submit your storygraph at cnn.com/starting point and share those here throughout the holidays on cnn. back in a...
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Nov 29, 2012
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if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast majority of democrats support it. more than 40% of the republicans support this proposal. the republicans need to show us that they can help lead this country. senator durbin? >> thank you, senator reid. we can debate at length whether the november 6th election was -- >> comments from the senate majority leader, harry reid. essentially saying the exact same thing that speaker boehner did except mr. reid chiding republicans, if you will, saying we're still waiting on a serious offer from the republicans. just a few moments ago, as you did hear live on cnbc, it was speaker boehner saying democrats ha
if it happens, it'll be under the leadership of the speaker of the house of representatives, john boehner. we'll protect the middle class and we know that we'll have -- there'll be pain on both sides. we know that. but to forge a balanced agreement, we need the republicans to come forward with something. it's time to listen to the american people. and that is really a valid statement. the vast majority of independents support what the president has sent to the republicans in the house. the vast...
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simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other side of the atlantic. we talk about europe all the time. you know the dynamics within that. looking forward, goldman sachs is actually suggesting you will make more money in european equities next year than you will in american equities. they believe that the dow jones stock's 50 will climb higher to 3,000. that's a 16% gain on that market. on the broader market next year in europe, goldman sachs thinks you will make 18%. its projection here for the s&p is for a gain of only 11% or 12%. it may be that you'll make more money according to goldman sachs next year
simon hobbs. >> john boehner, the possibility he may speak. let's see how far we can get for a rundown of the european markets. should you be invested in european equities now? don't worry about today's trade. check out this board of where we are now on the dow jones industrial average versus what's happening in europe. see the late surge coming through from the european equities on the white line? you now have a substantial outperformance for the year from those blue chips on the other...
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Nov 29, 2012
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is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sue, on a lighter note, it looks like there are negotiations going on up here. i just saw a plate of lunch being brought in to the room where we believe that secretary geithner is sitting right now. we're also seeing some of the aides go in and out of that room as well. so clearly deals are being crafted here.
is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events....
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and john boehner, for instance, putsing health care reform on the table is really an outlandish one, but all he's trying to do is widen the parameter to work out a deal. it is like the game of chicken and sometimes you lose the game. they are jeopardizing our economy. >> wanda, what do you think the agreement will look like? do you think republicans will abandon the call to the likes of glover norquist and others to not let the bush tax cuts expire? >> i wish i knew all the terms of the deal. right now we are hearing from hill democrats is that republicans are not willing to put any deal on the table that the president would be in favor of. it's a big issue. i think we'll see something but to your point, we see that deal-making in washington is very often in the 11th hour. i would not be surprised to see this drag out until the very last minute as we see so often here in washington. >> which means we'll have you both back at some point. in the meantime, get out to enjoy your thanksgiving. appreciate it. >>> survivors of hurricane sandy and aid workers are being remembered this holida
and john boehner, for instance, putsing health care reform on the table is really an outlandish one, but all he's trying to do is widen the parameter to work out a deal. it is like the game of chicken and sometimes you lose the game. they are jeopardizing our economy. >> wanda, what do you think the agreement will look like? do you think republicans will abandon the call to the likes of glover norquist and others to not let the bush tax cuts expire? >> i wish i knew all the terms of...
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what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might
what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the...
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stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because nobody is buying. we have
stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state...
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john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john, between chambliss, graham, and corker, and with regards to the norquist pledge, have we reached some critical mass here? are we at a tipping point or not? >> well, we are in the senate, but, of course, we have been. you had a lot of senators in 2011, the gang of six, which ultimately swelled to a much larger number who were willing to do it. the real difficulty in the house. of course, they've had their majority re-elected, although in a smaller, slightly shrunken forum. i think he perceives a different environment. i think some of those members wi. now they've got to get a deal that will pass. >> t
john boehner has a job once he negotiates with the president and other leaders of getting it through that chamber. i talk to a senior staff level member on the democratic side today in the senate who predicted that we're likely to see a two-stage negotiation and two-stage result. the first by the end of the year would be about a $1 trillion beginning of the $4 trillion overall package and the rest would be legislated next year. we'll see whether they can get that done, carl. >> hey, john,...
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we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. bill: breaking news from the hill moments ago. republican leaders on the house putting their cards on th
we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of...
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that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie diamond. >> i think that might be a big signal. i think jamie dimon would be terrific because i think he -- if we did run into problems in markets, i think he would actually be the best person you could have. >> another name mentioned is larry fink the chair manned ceo of blackrock, the world's largest money management firm. he joins us this morning. pleased to have him here. welcome. >> good morning. >> we want to talk about how you see the fiscal cliff and where you think the economy is. first the global and domestic economy, is the recovery sustain
that's house speaker john boehner. that's because any deal that involves raising tax revenue will face its biggest hurdle in the house of representatives. republicans traditionally have been very opposed to tax increases. they still don't want to do it the way the president wants to do it which is raising taxes on the wealthy. >>> when i spoekd with warren buffett i asked about a replacement for secretary treasure tim geithner. >> if he were to appoint somebody like jamie...